News and Analysis

Freeletics raises $25m for fitness app

European fitness app Freeletics raises $25m in Series B funding as it aims to bulk up its presence in the US. Round was led by JAZZ Venture Partners and Causeway Media Partners and included KKCG.

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Freeletics, provider of and AI-powered fitness coaching app, has raised $25 million in a Series B funding round led by JAZZ Venture Partners and Causeway Media Partners. KKCG also participated in the round. The company, which has now raised $70 million in total funding, was founded in Europe in 2013 and is looking to establish a presence in the US.

Source: Company release